Currency News: China’s Yuan Experiences Biggest Fall in 5 Months
Economists are watching closely to see how China will address the devaluation of the country’s currency as any action taken could have global repercussions.
I Know First’s unique algorithm predicts the movements of currency pairs by analyzing past data and identifying current trends. Below are the most recent pairs of past forecasts and the actual forecast results.
Economists are watching closely to see how China will address the devaluation of the country’s currency as any action taken could have global repercussions.
Quantitative Trading
Time Period: July 1st, 2014 – November 30th, 2015
Stocks (60%), Interest Rates (30%), Currencies G10 (10%) – leveraged by 10
3 Months EUR USD Prediction from November 22nd, 2015 to February 22nd, 2016
3 Days Currency Outlook Prediction from February 18, 2016 to February 21st, 2016
2016 has started with nervousness, uncertainty, and a very volatile market due among other reasons to the decline in commodities. Currencies are not the exception and are also affected by the economics politics.